Canada's economy creating more full-time, and better paying jobs...
"The question is whether the new and better composition of job creation will continue. There is some evidence it might not, says Tal, noting of the 58,000 new jobs added last month, two-thirds were part-time."
* TSX +110.53 to 13,677.13 as mining and energy stocks benefited from a rally in commodity prices following steep losses last week, while also finding lift from major buying activity in the retail sector. Canadian Tire announced plans to buy Forzani Group Ltd., the company behind major sporting goods retailers like Sport Chek and Athletes World in a deal worth $771 million.
* DOW +45.94 to 12,684.68.
* Dollar +.37c to 103.78c USD.
* Oil +$5.37 to $102.55USD per barrel as improved hopes over the U.S. economic recovery helped lower fears of much lower demand.
* Gold +$11.60 to $1503.20 per ounce.
* Canadian 5 yr bond yields markets -.02bps to 2.49. The spread (based on the MERIX 5 yr rate published rate of 4.29%) is above the comfort zone at 1.80
